Cofinancing definition

Cofinancing means the financing referred to in Section 6.02(h) of the General Conditions to be provided for the Project collectively by Co-financiers.

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Cofinancing is the amount of money expressed in Dollars that the GRANTOR shall pay out to the CONCESSIONAIRE for the Concession according to what is set forth in the Contract. The Cofinancing shall also consider, if possible, the awarding or hiring of financial guarantees or non financial guarantees having a significant probability of demanding the use of public resources, according to what is established in section 4.3 of Article 4 of the Regulation of the Legislative Decree N° 1012 , approved by the D.S. 146-2008-EF. In the event of requiring the granting or hiring of financial guarantees for this concession, such guarantees shall be subject to what is established in the General Act of the National System of Indebtedness approved by Act No. 28563.

Cofinancing means the loan of funds by Banks, etc. (meaning banks as defined in the Bank Law, long­term credit banks as de­ fined in the Long­Term Credit Bank Law and other financial institu­ tions provided by a Cabinet Order; the same shall apply hereinaf­ ter), concurrently with JFC.

Examples of Cofinancing in a sentence

• Co-financing may take the form of financial or human resources, in-kind contributions or income generated by the Action.

• Where the Authority notifies the Contractor that it will fund the delivery of this Contract using ESF funds or in its role as a Co-financing Organisation uses this contract as a match for ESF provision, either at the outset of the contract or at any point during the life of the contract, the Contractor and any Sub- contractors appointed by it shall be bound by the corresponding additional requirements detailed within relevant Provider Guidance, including maintain records until at least [31 December 2022].

• Where the Authority notifies the Contractor that it will fund the delivery of this Contract using ESF funds or in its role as a Co-financing Organisation uses this contract as a match for ESF provision, either at the outset of the contract or at any point during the life of the contract, the Contractor and any Sub-contractors appointed by it shall be bound by the corresponding additional requirements detailed within relevant Provider Guidance, including maintain records until at least 31 December 2023.

• Co-financing for Institution Building projects is provided by the Beneficiary Country bearing certain infrastructure and operational implementation costs, through financing the human and other resources required for effective and efficient absorption of Phare assistance.

• Where the Authority notifies the Contractor that it will fund the delivery of this Contract using ESF funds or in its role as a Co-financing Organisation uses this contract as a match for ESF provision, either at the outset of the contract or at any point during the life of the contract, the Contractor and any Sub-contractors appointed by it shall be bound by the corresponding additional requirements detailed within relevant Provider Guidance, including maintain records until at least [31 December 2023].

• Where the Authority notifies the Contractor that it will fund the delivery of this Contract using ESF funds or in its role as a Co-financing Organisation uses this contract as a match for ESF provision, either at the outset of the contract or at any point during the life of the contract, the Contractor and any Sub- contractors appointed by it shall be bound by the corresponding additional requirements detailed within relevant Provider Guidance, including maintain records until at least 31 December 2022.

• Co-financing is intended to refund the eligible expenditures incurred in connection to the project implementation.

• The Co-financing Deadline for the effectiveness of the Co-financing Agreement and the CORAF Grant Agreement is July 31, 2011.

• Co-financing is needed and will be one criterion for eligibility of projects.

• Finally, on March 27th 2013, the Parties signed two new instruments: BRICS Multilateral Cooperation and Co-financing Agreement for Sustainable Development and BRICS Multilateral Infrastructure Co-financing Agreement for Africa.

More Definitions of Cofinancing

Cofinancing means the sum of money expressed in Dollars that the GRANTOR shall disburse to the CONCESSIONAIRE through the PPO and PAO mechanisms, in accordance with the provisions of Clause Nine and Annex 23 of this Contract,

Cofinancing is the amount of money expressed in Dollars that the GRANTOR shall pay out to the CONCESSIONAIRE through mechanisms of PPO and ▇▇▇, according to what is set in ▇▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇ 23 of this contract.

Cofinancing means an arrangement whereby the Bank and one or more cofinanciers other than the Borrower finance the same project, whether on a joint or on a parallel basis.